AUDUSD Watch bottom for long

Hi there,

This is an update of the previous AUDUSD chart. If you have traded on that chart than same again.

How you can trade on this chart.

1. Wait for the price to hit the bottom once price hit the bottom watch it how it reacts if hold the bottom and rise sharply then go for long

Or

2. Watch for the price to break up the short term bearish trend and look for buy on breakout of the bearish trend.

In case price dont stop and keep pushing lower sharply then it will change the buy setup but we will remain longer term bullish on AUDUSD.

Good luck.

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